The Globe and Mail reports in its Monday edition that when Jeju Air's status as South Korea's biggest low-cost carrier seemed under threat from the merger of the country's two biggest airlines last year, the company's chief executive officer assured employees that it would "actively respond," possibly by acquiring smaller rivals. A New York Times dispatch to The Globe says that now, a week after a crash that killed 179 people on Dec. 29, Jeju Air's future is clouded by even deeper questions. South Korean officials on Thursday raided the company's offices and imposed a travel ban on Kim E-bae, the CEO, as part of the investigation into the country's worst air disaster in almost three decades. Passengers are cancelling bookings, adding further strain to a balance sheet heavy with debt. Jeju Air's stock price, already trading near record lows, has fallen 10 per cent since the Boeing jet crashed. As investigators look into what caused Jeju Air Flight 7C2216 to crash, the airline has come under intense government and public scrutiny for how it operates. Some of its operational practices are being challenged, including how it flew its planes more frequently than competitors and how it outsourced its maintenance overseas.